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Espresso Network

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Category: L1

Espresso Systems

Espresso Systems builds and operates the Espresso Network, a decentralized base layer for rollups, custom chains, and applications. The network uses the HotShot BFT consensus protocol to provide fast transaction finality, data availability, and sequencing, enabling integrated chains and external applications to read finalized state across chains. Espresso also offers the Espresso Stack, a customizable framework for specialized chains and financial systems, including institutional use cases such as crosschain collateral management.
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Funding Rounds

Funding Round: Public token sale
Funding Date: 5 Aug, 2025
Raised Amount: $4M
Funding Round: Public Sale
Funding Date: 1 Aug, 2025
Raised Amount: $4M
Funding Round: Series B
Funding Date: 1 Mar, 2024
Raised Amount: $28M
Funding Round: Series A
Funding Date: 8 Mar, 2022
Raised Amount: $32M
Funding Round: Series A
Funding Date: 1 Mar, 2022
Raised Amount: $30M
Funding Round: Seed
Funding Date: 30 Nov, 2020
Raised Amount: $3.1M
Funding Round: Seed
Funding Date: 1 Jul, 2020
Raised Amount: $2M

Investors